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Business, 25.11.2021 06:00 tori829

Pat gave 5,000 shares of stock in Coyote Corporation (a publicly traded corporation) to her church (a qualified charitable organization) in the current year. The stock was worth $180,000. She had acquired it as an investment four years ago at a cost of $120,000. She reported AGI of $200,000 for the year. In completing her current income tax return, how much is her current-year charitable contribution deduction

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Pat gave 5,000 shares of stock in Coyote Corporation (a publicly traded corporation) to her church (...
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